- Stocks managed to eke out a gain after trading lower for most of the session Friday, following a disappointing July nonfarm payrolls report. Treasury yields fell following the jobs data and several large trades placed just before 8:30 caused the CME to halt trading in certain Treasury futures contracts, raising the specter of possible front-running.
- St. Louis Fed President James Bullard suggested the Fed should wait for more data before tapering its asset purchases, helping to allay fears that the proverbial punch bowl is almost empty.
- Chevron weighed on the Dow after the company posted quarterly earnings that missed analysts' expectations thanks to maintenance costs and a softer market for crude.
- LinkedIn soared after the company's Q2 results beat estimates.
- Dell's special committee reached an agreement with Michael Dell and Silver Lake.
Stocks rebound to close higher after weak jobs report
Aug 2 2013, 16:04 ET